Origin
There are no clear literary sources from which to trace the origin of the red envelope tradition. In China, during the Qing Dynasty, the elderly would thread coins with a red string. The money was called yāsuì qián (traditional Chinese: 壓歲錢 压岁钱), meaning "money warding off evil spirits", and was believed to protect the elderly from sickness and death. The yāsuì qián was replaced by red envelopes when printing presses became more common after the establishment of the Republic of China in 1911. Red envelopes are also referred to as yāsuì qián.


Anyway, hope you guys/girls have reaped a good harvest this Lunar New Year.

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